Thursday, January 28, 2010

The Capitalist & The Socialist

Subhash has recently expressed his view on capitalism &

IT is CRYSTAL CLEAR that he is kinda against it.

I know there are some people out there who do not know what the heck is

A) Capitalism
B) Socialism

Well, in simple terms:-

Capitalism is - when the system of economy is owned by people or individual

Socialism is kinda the opposite.

Malaysia adopts a capitalist position just like the USA & the other ELITE countries.

Socialism can still be seen in North Korea & maybe Venezuela.

The PROBLEM with CAPITALISM is that it hurts workers, because businesses make more money by selling things than they pay to the workers who make the things and, therefore, businessmen become rich while workers remain poor and/or exploited.

You no need to look far for the PROBLEM with SOCIALISM, just look at the 2 countries mentioned above. I think most of us are kinda glad to be a capitalist country.

The point is that no economic system is suitable. There is always drawbacks & flaws here and there. I think capitalism is doing quite well and that is why it is adopted by many. Come on, its human nature. Think like this, "To survive you gotta work your ass off" or "Survival of The Fittest".

If you watched the movie, Wall Street, there is this saying, "GREED IS GOOD".
Well, here is where the problem with capitalism starts. Its drives people into the sin of GREED.
As you all may know, when one enjoys another suffers.

Solution : The Capitalist & The Socialist should compromise & form a new economic system acceptable to both parties.

No use fighting with each other. It will lead nowhere. Subhash, why not try making a economic system you find fair. I am sure it might be AWESOME!!!!!!!!!!

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